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How the Mechanism Works

  • Seller holds tokens on the TGE Chain

  • Seller lists an order on the Listing Chain

  • When settling, tokens are bridged from TGE Chain to Listing Chain

  • Wrapped tokens are minted on the Listing Chain at a 1:1 ratio

  • Original tokens are locked in a smart contract on the TGE Chain

Value is preserved. No duplication occurs.


FAQs

chevron-rightHow do tokens move from the TGE Chain to the Listing Chain?hashtag

When settlement begins, tokens are bridged via LayerZero, which triggers the locking of assets on the TGE Chain and the minting of wrapped tokens on the Listing Chain.

chevron-rightWhat is the minting ratio for wrapped tokens?hashtag

Wrapped tokens are minted on the Listing Chain at a strict 1:1 ratio. This ensures that every represented unit is fully collateralized by an original token.

chevron-rightWhat happens to my original tokens during the settlement?hashtag

The original tokens are securely locked in a smart contract on the TGE Chain to preserve value and prevent any duplication or synthetic inflation.

chevron-rightDoes the buyer need to bridge tokens to participate in a trade?hashtag

While the buyer starts on the Listing Chain, they must manually initiate a bridge transaction after the trade to claim and move their new assets back to the TGE Chain.

chevron-rightWhy are tokens locked in a smart contract instead of being moved directly?hashtag

Locking tokens ensures the assets remain native to their original chain while providing a verifiable and secure 1:1 backing for the trade occurring on the Listing Chain.

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